CION Investment (CION) vs BlackRock TCP Capital (TCPC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
CION Investment (CION) has outperformed BlackRock TCP Capital (TCPC) over the past year, losing 26.1% versus a loss of 32.5%. Over five years, CION leads with a -42.7% price change compared with -72.3% for TCPC. CION Investment is the larger company by market cap ($340.2 million vs $337.3 million), about 1.0 times the size.
On valuation, CION Investment trades at a lower forward P/E (6.0x vs 9.7x for BlackRock TCP Capital). BlackRock TCP Capital offers the higher dividend yield (20.90% vs 19.09%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CION | TCPC |
|---|---|---|
| Share price | $6.92 | $4.02 |
| Market cap | $340.24M | $337.29M |
| 1-day change | +0.36% | +2.03% |
| YTD return | -28.75% | -27.97% |
| 1-year return | -26.07% | -32.53% |
| 5-year return | -42.68% | -72.25% |
| P/E ratio (TTM) | 98.79 | — |
| Forward P/E | 6.04 | 9.69 |
| EPS (TTM) | $0.07 | $-1.28 |
| Dividend yield | 19.09% | 20.90% |
| Annual dividend | $1.32 | $0.84 |
| 52-week high | $10.40 | $6.25 |
| 52-week low | $5.83 | $3.08 |
| Distance from 52-week high | -33.51% | -35.68% |
| Analyst consensus | none | hold |
| Avg. price target upside | +26.54% | +11.94% |
| Average volume | 451.34K | 744.50K |
| Shares outstanding | 49.20M | 83.90M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BlackRock TCP Capital offers a meaningfully higher dividend yield (20.90% vs 19.09%).
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
About BlackRock TCP Capital
TCPC stock →BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments.
Finance · Finance/Investors Services
CION vs TCPC FAQ
Which is bigger, CION Investment or BlackRock TCP Capital?
CION Investment (CION) is larger, with a market capitalization of $340.24M compared with $337.29M for BlackRock TCP Capital (TCPC).
Which stock has performed better over the past year, CION or TCPC?
CION returned -26.07% over the past 12 months, compared with -32.53% for TCPC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, CION Investment or BlackRock TCP Capital?
BlackRock TCP Capital has the higher yield at 20.90%, compared with 19.09% for CION Investment.
Are CION Investment and BlackRock TCP Capital in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.